Home/Iowa/Clay County

Clay County Housing Market

Iowa · 99 counties · Ranked #1517 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$171,500

vs national$171,500 vs $281,900 national

Median Gross Rent

$798/mo

vs national$798 vs $1,163 national

Effective Tax Rate

1.18%

vs national+1.18% vs 1.02% national

Median Household Income

$64,082

vs national$64,082 vs $74,755 national

Affordability Ratio

2.7x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

25.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,028

Tax as % of Home Value

1.18%

Monthly Owner Cost

$913

Renter Income

$35,945

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Clay County?

The median home value in Clay County is $171,500. This is below the national median of $281,900.

How much is rent in Clay County?

The median gross rent in Clay County is $798 per month.

What is the property tax rate in Clay County?

The effective property tax rate in Clay County is 1.18%. The median annual property tax bill is $2,028.

Is Clay County affordable?

With a home-value-to-income ratio of 2.7x, Clay County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.